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City of Edinburgh Hotel Development Schedule 2019

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City of Edinburgh Hotel Development Schedule 2019 City of Edinburgh Hotel Development Schedule 2019 Planning, City of Edinburgh Council, March 2020 Contents Commentary Graph 1 - Hotel developments in Edinburgh 2019 Graph 2 - Historic trends Summary of hotel developments (no. of rooms) by area Table 1 - Schedule of developments completed in 2019 Table 2 - Schedule of developments under construction at year end 2019 Table 3 - Schedule of developments that gained planning consent in 2019 Table 3a - Schedule of other developments with planning consent at year end 2019 Table 4 - Schedule of developments awaiting planning determination at year end 2019 Table 5 - Schedule of closures occurring in 2019 Explanatory notes Whilst reasonable efforts have been made to verify the information in this report, the City of Edinburgh Council are unable to provide an assurance as to the accuracy, currency or comprehensiveness of tables and commentary. Users should undertake their own checks before using the data in this report as an input to policy or investment decisions. This schedule has been prepared by Planning, City of Edinburgh Council. contact: Simon Antrobus ([email protected], 0131-469-3597) Commentary Development summary Market analysis This is the thirteenth hotel schedule to be produced by the City of Edinburgh Council. It has been developed in response to the The hotel sector in Edinburgh continues to display strong signs of growing demand for hotel space in the city and the consequent growth. There was planning consent for 1,530 rooms at the end of increase in hotel planning applications and developments. The 2019. Occupancy levels for the year decreased slightly from 83.6% schedule details completions, properties under construction, to 82.9%. planning consents, applications awaiting determination and closures. Previous hotel schedules have highlighted the central role of the major hotel chains in Edinburgh’s hotel development activity. This Graph 1 shows that 1,268 rooms were completed in 2019, 895 are continued in 2019 with Travelodge, Premier Inn and Holiday Inn currently under construction and consent has been granted for openings totalling 125 rooms. another 1,530. Of these, 1,300 were new build, 140 were change of use and 90 were extensions. The major hotel chains comprise a significant proportion of the total Edinburgh hotel stock as at the end of 2019. A total of 7,844 of these have been completed since 2007. There are also 1,535 rooms still awaiting determination. Operator Total rooms Edinburgh’s total stock of serviced accommodation at the end of 2019 was approximately 16,100 rooms. Premier Inn 1,756 Travelodge 1,267 All completions and developments under construction in 2019, Holiday Inn/Holiday Inn Express 827 except one, were on brownfield sites, as are all existing consents. Ibis/Ibis Styles 619 Apex Hotels 538 Graph 2 shows that the 1,268 room completions in 2019 was a substantial increase on the previous year. The 1,530 room consents in place at the end of 2019 is a 51% decrease on the 2018 figure of These five chains operate 5,007 rooms in Edinburgh out of 3,147. This change is largely due to the removal of consents where approximately 10,670 comparable hotel rooms. permission has lapsed. The majority of completions and developments under construction in 2019 were in the City Centre. Significant activity in 2019 A 235 room Leonardo hotel is under construction at Victoria Street/Cowgate. Consent has been granted for a 131 room Leonardo Hotel in Jeffrey Street. A 149 room Point A hotel opened on Morrison Street. A 280 room Yotel opened on Queen Street. A 230 room Marriott Moxy opened at Edinburgh Airport. Graph 1 : Hotel developments in Edinburgh 2019 1,800 1,600 1,530 1,535 1,400 1,268 1,200 1,000 895 800 rooms 600 400 200 0 completions under construction consents awaiting determination HISTORIC TRENDS : DEVELOPMENT PIPELINE (number of rooms) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 completions 68 185 112 330 131 309 0 255 640 223 407 854 57 670 244 868 627 539 1268 under construction 185 185 442 320 342 170 465 589 115 467 584 407 892 597 818 340 661 718 895 consents 1,163 900 1,351 507 340 209 517 2,124 2,813 5,573 5,330 5,165 3,915 2,979 2,569 2,858 3,211 3,147 1,530 Graph 2 : Hotel development trends 2001 - 2019 6,000 5,000 4,000 rooms of 3,000 number 2,000 1,000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 completions under construction consents note : the figures for 2001 to 2006 are best estimates from existing data Summary of hotel developments by area and planning status, 2019 (no. of rooms) 1) Completions 2) Under construction 3) Consents MAJOR DEVELOPMENT new change build alt. ext. refurb. TOTAL new change ext. TOTAL new change extension refurb TOTAL AREAS build of use of use 206 build of use City Centre 682 25 913 364 495 12 871 681 101 50 832 SE Edinburgh 0 0 0 Waterfront 0 24 24 298 298 West Edinburgh 309 309 0 221 10 29 260 100 Other 25 21 46 0 29 11 140 TOTAL 515 707 0 46 0 1,268 364 495 36 895 1,300 140 90 0 1,530 4) Awaiting determination 5) Closures MAJOR DEVELOPMENT new change ext refurb TOTAL new change refurb. TOTAL AREAS build of use build of use City Centre 97 97 0 0 0 0 SE Edinburgh 0 0 0 0 0 Waterfront 0 0 0 0 0 West Edinburgh 1,415 1,415 0 0 0 0 Other 23 23 0 7 0 7 TOTAL 1,415 120 0 0 1,535 0 7 07 Table 1: Hotel developments completed between 1 January and 31 December 2019 DATE OF DEVELOPMENT APPLIC. NO ADDRESS APPLICANT CONSENT TYPE WARD ROOMS CLASS OPERATOR Peveril Securities & Campus Development 17/05039/FUL King's Stables Road, 18-20 Mar-18 new build 11 108 SA Staycity Wilde Edinburgh Management 14/04962/FUL Market Street, 6-8 The EDI Group Ltd. Jan-16 new build 11 98 HO Market Street Hotel 18/00922/FUL Morrison Street, 152 Raag Edinburgh Ltd Aug-18 change of use 11 149 HO Point A Hotel 17/03457/LBC North Bridge, 18 G1 Group Nov-17 change of use 11 11 HO The Scotsman 18/01505/FUL Parliament Square, 1A 1A PSQ Limited Jun-18 change of use 11 158 HS Code Pod Hostel 09/00715/FUL Picardy Place, 16-22 EDC (Hotels) Ltd. Feb-15 extension 11 25 HO Holiday Inn Express 17/02669/FUL Queen Street, 68-73 c/o Savills Nov-17 change of use 11 280 HO Yotel Edinburgh 17/03375/FUL St. Andrew Square, 21-22 S. Harrison Developments Ltd. Nov-17 change of use 11 72 HO Malmaison Edinburgh City 12/04521/FUL South Bridge, 85-87 Rapid Restaurants Ltd. May-13 change of use 11 12 HO Mono Suites Edinburgh CITY CENTRE TOTAL 913 SOUTH EAST TOTAL 0 WATERFRONT TOTAL 0 15/04053/FUL Broadway Park, 1 [land 148m west of] Greene King Jun-16 new build 3 79 HO Travelodge Edinburgh Park 15/05852/FUL Eastfield Road, 100 [land 250m west of] Royal Highland & Agricultural Sep-17 new build 1 230 HO Marriott Moxy Edinburgh Airport WEST TOTAL 309 18/01704/FUL Builyeon Road, 7 South Queensferry Whitbread Plc Aug-18 extension 1 21 HO Premier Inn 16/00682/FUL Constitution Street, 130 GA Group Ltd. Mar-18 change of use 13 25 GH GPO Café & Rooms 17/01695/FUL Gilmerton Road, 411 Mr Khandaker Hossain Jun-17 change of use 16 n/a HS O-Hostel OTHER TOTAL 46 Total rooms 1,268 No. of sites 14 Table 2: Hotel developments under construction as at 31 December 2019 DATE OF DEVELOPMENT APPLIC. NO ADDRESS APPLICANT CONSENT TYPE WARD ROOMS CLASS OPERATOR 17/01215/FUL Abbey Strand, 23 c/o Burd Haward Architects Jun-17 change of use 11 10 SA Lateral City 16/00700/FUL Dewar Place [site 56m W of] Axcel Hospitality (Edinburgh) Ltd. Jun-17 new build 11 150 HO 16/03662/FUL James Craig Walk, 27, 29, 31 TIAA Henderson Real Estate Sep-16 change of use 11 46 HO 18/03112/FUL Market Street The Royal Edinburgh Military Tattoo Apr-19 change of use 11 14 SA 16/01952/LBC New Street, 5 Edinburgh Castle Ltd. Aug-16 change of use 11 20 SA Apple Apartments 08/03379/FUL Princes Street, 42-44 The Old Waverley Hotel Ltd. Mar-16 extension 11 12 HO Old Waverley Hotel 16/05292/FUL Princes Street, 64 LaSalle Investment Management. Sep-17 change of use 11 137 HO 18/03272/FUL St Andrew Square, 37 - 38 Gleneagles Hotel Oct-18 change of use 11 33 HO Gleneagles Hotel 15/02054/AMC St. James Centre TIAA Henderson Real Estate Jul-15 new build 11 214 HO 15/04445/FUL Victoria Street, 1-15 / Cowgate, 18-20 Dreamvale Properties Nov-16 change of use 11 235 HO Leonardo Hotels CITY CENTRE TOTAL 871 SOUTH EAST TOTAL 0 15/03773/FUL Ocean Drive, 101 Atlas Hotels Jun-16 extension 13 24 HO Holiday Inn Express WATERFRONT TOTAL 24 WEST TOTAL 0 OTHER TOTAL 0 Total rooms 895 No. of sites 11 Table 3a: Hotel developments that gained planning consent in 2019 DATE OF CONSENT DEVELOPMENT APPLIC. NO ADDRESS APPLICANT CONSENT EXPIRES TYPE WARD ROOMS CLASS OPERATOR 19/00945/FUL Jeffrey Street, 43 Leonardo John Dalton House Ltd.
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